Mahanagar Co-operative Bank IFSC Code MCBL0960019

Mahanagar Co-operative Bank – BORIVALI MAGATHANE

IFSC Code: MCBL0960019

MICR Code: 400096019

Branch: BORIVALI MAGATHANE

Bank: Mahanagar Co-operative Bank

Address: MAGATHANE BUS DEPOT BUILDING, BORIVALI (EAST), MUMBAI-400066

District: GREATER MUMBAI

State: MAHARASHTRA

Contact: +912228861861

Indian Financial System Code (IFSC): MCBL0960019

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 960019. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400096019

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.